But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
Literally, the thirteen stripes on the flag represent the thirteen original colonies. The fifty stars represent the fifty current states. Figuratively, the flag stands for freedom and democracy. It represents the unity of America, our common cause, and the hope for a better tomorrow.
Quick Answer. The stars on the American flag each represent a state. On June 14, 1777, the first Flag Act stated, that the union be thirteen stars, white in a blue field, representing a new Constellation, according to USA Flag Site. As of May 2014, the American flag has 50 stars.